SMARTFINANCIAL INC. — Director's Dealing 2021

Dec 17, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SMARTFINANCIAL INC. (SMBK)
CIK: 0001038773
Period of Report: 2021-11-23

Reporting Person: Petty Gary Wayne Jr (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-23	Stock Appreciation Right	M	2000	$21.61	Acquired	10052	Direct
2021-11-23	Stock Apperception Right	D	2000	$27.15	Disposed	8052	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-23	Stock Appreciation Right	$21.61	M	2000	Disposed	2021-12-31	Common Stock (2000)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Option	$6.80	2021-03-01	Common Stock (3750)	3750	Direct
Stock Option	$6.60	2022-03-01	Common Stock (3750)	3750	Direct
Stock Option	$9.48	2023-03-01	Common Stock (3750)	3750	Direct
Stock Option	$9.60	2024-03-01	Common Stock (3750)	3750	Direct
Stock Option	$15.05	2025-09-30	Common Stock (3588)	3588	Direct

Footnotes

F1: This stock appreciation right was granted on 01/25/2018. The stock appreciation right generally vests 100% on the third anniversary of the date of the grant, subject to Mr. Petty's continuous service with the company or a subsidiary or affiliate of the company through such date. The stock appreciation right vests on an accelerated basis in full in the event of a change in control, again subject to Mr. Petty's continuous service with the company or a subsidiary or affiliate of the company through the date of the change in control.